AIG Century GmbH & Co. KGaA
Public takeover offer by AIG Century for AIRE GmbH & Co. KGaA successful
AIG Century GmbH & Co. KGaA / Key word(s): Offer Public takeover offer by AIG Century for AIRE GmbH & Co. KGaA successful – AIG Century holds 83.79 per cent of AIRE share capital – Additional acceptance period from July 17, 2012, to July 30, 2012, 24:00 hrs CEST Frankfurt am Main, July 16, 2012 – Following the expiration of the acceptance period for its voluntary public tender offer for all shares of AIRE GmbH & Co. KGaA (‘AIRE’), AIG Century GmbH & Co. KGaA (‘AIG Century’), a company indirectly wholly owned by American International Group, Inc. (‘AIG’), now holds approximately 83.79 per cent of the AIRE share capital (about 3,538,803 AIRE shares). AIG Century has received acceptance declarations for 170,321 shares, corresponding to 4.03 per cent of the share capital of AIRE. In addition, AIG Century acquired a total of 79.76 per cent of all outstanding AIRE shares outside the offer through direct purchases from certain significant AIRE shareholders and via the stock exchange. Due to the successful completion of the tender offer, an additional acceptance period of two weeks is granted in accordance with German law. Therefore, remaining shareholders can tender their shares into the offer from July 17 through July 30, 2012, 24:00 hrs (CEST). The terms of the offer remain unchanged. On April 30, 2012, AIG Century announced its decision to launch a voluntary public tender offer for all outstanding shares of AIRE. AIG Century is offering shareholders EUR 18.25 per share in cash as consideration. This represents a premium of approximately 87.4 per cent above the estimated volume weighted average stock exchange (Xetra) price of AIRE shares (EUR 9.74) during the last six months of trading (closing on April 27, 2012), and a premium of approximately 35.7 per cent compared to the (Xetra) closing price (EUR 13.45) on April 27, 2012. In their statement published on June 22, 2012, the supervisory board and the general partner of AIRE recommended the acceptance of the offer to all shareholders of AIRE. Further information on the details of the tendering process may be found in the offer document. Shareholders should contact their custodian bank who can assist with the tendering of the shares. The offer document as well as further information relating to the offer is published on the Internet at http://www.aigglobalrealestate.com/aigcentury. * * * For further information, please contact: Hans G. Nagl Important Information: About AIRE About AIG End of Corporate News 16.07.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
178020 16.07.2012 |